Author: Marie Jones

Nineteen women and one corporate from the Asia Pacific were recognised at the annual Women Icons Asia Awards 2022 presented by the Singapore-based Women Icons Network (WIN). The awards were announced in conjunction with the Collective for Equality Summit hosted virtually on March 24 & 25. The Women Icons Asia Awards celebrate and honour the accomplishments and contributions of women who have excelled in different spheres of life and are an inspiration to society. This year the awards were presented across Technology, Finance, Marketing, Entrepreneurship and D&I Champion categories. The recipients were selected through an online nomination process, initially vetted…

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Continued Expansion of Core Businesses Globalization Strategy is Gradually Being Implemented China Risun Group Limited (China Risun, or the Group, HKG: 1907), a leading global integrated coke, coking chemicals and refined chemicals producer and supplier and relevant operation management services provider in China, has announced its annual results for the year ended 31 December 2021 (the reporting year). Profit attributable to owners up 58.1% to RMB2.61 billion, achieving a 3-year consecutive growth since its listing in 2019. Revenue for the year ended 31 December 2021 was RMB38.4 billion, representing an increase of 94.2% year-on-year. The gross profit margin was 14.4%…

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TOKYO, Mar 28, 2022 – (JCN Newswire) – Showa Denko K.K. (SDK) (TOKYO: 4004) has launched mass production of silicon carbide single crystal wafers (SiC wafers) with a diameter of 6 inches (150 mm), which are used as materials for SiC epitaxial wafers*1 to be processed and installed into SiC-based power semiconductors (SiC power semiconductors). SiC power semiconductor has excellent heat-resisting property and high withstanding voltage much better than those of conventional silicon-based power semiconductor, which is currently the mainstream of power semiconductors. SiC power semiconductor contributes to improvement in power module’s energy efficiency and downsizing. Therefore, the demand for SiC power semiconductors is…

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— Revenue increased 19.3% year-on-year to RMB6.4 billion. Net profit increased by 28% to RMB562 million — High-end brands Koradior and NAERSI achieved total revenue of over RMB3.7 billion, NEXY.CO retail sales reached over RMB1 billion — Proposed dividend of HKD48 cents per share EEKA Fashion Holdings Limited (HKG: 3709, EEKA or the Group) announced unaudited consolidated annual results for the year ended 31 December 2021 (the period). In 2021, the Group’s revenue increased 19.3% year-on-year to RMB6.4 billion. Gross profit was RMB4.8 billion, representing an increase of 21.2% year on year. The gross profit rate was 74.6%. Net profit…

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Profit Attributable to Shareholders Surges by 55.4% to HK$17.4 million Revenue Increases by 16.1% to HK$566 million Janco Holdings Limited (“Janco” or the “Group”; Stock Code: 8035), a well-established freight forwarding and logistics one-stop service provider founded and based in Hong Kong with a strategic focus on Asia, announced its 2021 unaudited* preliminary annual results for the year ended 31 December 2021. The Group reported profit attributable to shareholders of HK$17.4 million, representing a year-on-year surge of 55.4%. The Group predominately generates revenue from freight forwarding services, logistics services and e-commerce and fulfillment services. With the growth in revenue from…

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China’s major furniture product manufacturer Huisen Household International Group Ltd. (“Huisen Household” or “the Group”; stock code: 2127.HK) announced audited annual results for the year ended 31 December 2021 (“the review period”) today. During the review period, the revenue of the Group was RMB5,139 million representing an increase of approximately 31.9% as compared to the same period of 2020. The profit for the year was approximately RMB888 million, representing an increase of approximately 64.2% as compared to the same period of 2020, mainly due to the growth in sales driven by the increase in purchase orders and the increase in…

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Focuses on Specialty Esoteric Testing Business Optimizes Vertical and Horizontal Industry Chain Deployment Kindstar Globalgene Technology, Inc. (Kindstar Globalgene or the Company, together with its subsidiaries, collectively the Group; HKG: 9960), a leading independent esoteric clinical testing service provider in China, today announced its audited annual results for the year ended 31 December 2021 (2021 or the Year). During the period under review, the Group recorded total revenue of RMB930.67 million, representing a year-on-year increase of 4.4%. Revenue from non-COVID-19-related testing services was RMB868.57 million, an increase of 12.3%. The Group’s consolidated gross profit was up by 5.4% year-on-year to…

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Deloitte’s United States Economic Forecast Q1 2022 examines the impact of the crisis in Ukraine, persisting inflation, and the lingering effects of COVID-19 on the US economy. The good news is that the US economy’s performance has been better than expected. People are getting back to work, corporate profits for Q3 are 21% above the pre-pandemic level and the increased adoption of technology has accelerated labor productivity growth. Deloitte’s baseline scenario anticipates the pandemic jump-starting the widespread adoption of technology leading to faster growth. Morgan Stanley is also positive about the potential growth of tech stocks given the recent underperformance.…

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Their gender itself is reason enough for much of the corporate world to be biased against women. However, working women face all kinds of subtle and overt biases as they navigate their way through their careers. From their age to choosing to be a mother, anything could be the basis of unconscious biases. The need to talk about, address and overcome such biases formed the basis of the discussion during the first virtual session of the Collective for Equality Summit on earlier on Thursday evening. Hosted by Singapore-based Women Icons Network (WIN) to mark the International Women’s Day, the two-day…

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GFA Under Management Increases 34.7% to 36.4 Million sq.m. Three Business Lines Progressing at Same Pace Management Scale and Profitability Continue to Improve Redsun Services Group Limited (Redsun Services or the Group), a fast-growing comprehensive community services provider with a strong presence in the Yangtze River Delta region, has announced its annual results for the year ended 31 December 2021 (FY2021). The Group reported steady growth in its three business lines of property management services, value-added services for non-property owners and community value-added services, as well as continued improvement in management scale and profitability. FY2021 Highlights: — The Group’s revenue…

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Memiontec Holdings Ltd. (“Memiontec” or the “Company”, and together with its subsidiaries, the “Group”), a total water solutions provider in Asia, wishes to announce that the Group has been awarded a S$56.6 million contract (the “Contract”) by the Public Utilities Board (“PUB”), Singapore’s National Water Agency. Under the Contract, the Group will install membrane bioreactor equipment which has a treatment capacity of 22 million gallons per day for the Changi Water Reclamation Plant Phase 2, Contract C22C. The works under the Contract are scheduled to commence in May 2022 and the contract duration is estimated to be around 23 months.…

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GWP surpassed RMB20 billion for the first time, up 21.9% yoy Achieved underwriting profit for the first time, profit attributable to owners of the parent surged by 110.3% yoy Technology export revenue increased by 42% yoy, powering digitalization across global insurance industry ZhongAn Online P & C Insurance Co. Ltd. (ZhongAn Online or ZhongAn or the Company, HKG: 6060) released its audited annual report for the year ended December 31, 2021 (the reporting period). The Company leveraged its strengths in insurance technology and rich resources connected through its ecosystems to further promote insurance inclusion. The Company provided insurance services for…

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Continuously penetrate the digital orthodontics to optimize treatment experience Steady growth in revenue and profit Angelalign Technology Inc (Angelalign or Company; HKG: 6699) was pleased to announce the audited consolidated annual results of the Group for the year ended December 31, 2021 (the “Reporting Period”) today. In 2021, the company achieved robust business growth amid market volatility and challenge. The company recognized total revenue of RMB1,271.7 million, representing a year-over-year growth of 55.7%, of which 93.1%, 5.3% and 1.6% were generated from the provision of clear aligner treatment solutions, sales of intraoral scanner and provision of other services, respectively. It…

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Analogue Holdings Limited (Analogue or the Company, together with its subsidiaries, collectively the Group) (HKG: 1977), a leading electrical and mechanical (E&M) engineering service provider in Hong Kong, today announced its annual results for the year ended 31 December 2021 (the Year or FY2021) with revenue and net profit growth, posting a solid performance amid the pandemic and global uncertainty. Highlights — Total revenue reached HK$5,350.7 million, an increase of 10.8% compared with adjusted revenue in FY2020 — Profit attributable to owners of the Company grew 4.3% year-on-year to HK$314.3 million — Revenue from maintenance services increased 7.2% to HK$945…

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AGTech Holdings Limited (“AGTech” or the “Group”, SEHK: 08279) announced today that it has completed the acquisition of Macau Pass Holding Ltd. (“Macau Pass”) and its subsidiaries, which will become an indirect wholly-owned subsidiary of AGTech after completion of the transaction. Since granted the financial license by the Macau SAR Government in 2006, Macau Pass has been propelling the development of a more convenient local electronic payment and promoting its popularity in Macau. Macau Pass, being the leading payment service provider in Macau, issued the first and the most commonly used contactless smart card for payments in Macau, Macau Pass…

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Just 20 kilometers from the south of Kuching is a wildlife centre which acts as a semi-wild home to orangutans. Called the Semenggoh Wildlife Centre, it is the biggest orangutan rehabilitation centre in Sarawak. This centre is nestled in a larger natural forest called Semenggoh Nature Reserve. Recently, Semenggoh Nature Reserve proudly announced the birth of a baby orangutan, born between 22 – 23 January 2022. This is the fourth baby for Analisa who herself was born at the centre in 1996. While the birth of a baby is always exciting news for the protection of orangutans, Semenggoh Nature Reserve…

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Revenue grew 891% (from $52,453 for fiscal year ended December 31, 2020 to $519,885 for fiscal year ended December 31, 2021) driven primarily by revenues from the LeFlair lifestyle platform SoPa is well capitalized for planned acquisitions of food & beverage, lifestyle, travel, merchant software companies in VIP (Vietnam, Indonesia, and Philippines) countries of SEA SoPa expects to launch the Society Pass loyalty points platform in 2Q 2022, which SoPa believes will help substantially increase it online users and merchants across the VIP region Society Pass Incorporated (SoPa) (Nasdaq: SOPA), a leading Southeast Asia loyalty and ecommerce ecosystem, reported its…

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Alpina Holdings Limited (the “Company”, and together with its subsidiaries, the “Group”), an established Singapore-based specialist in providing integrated building services (“IBS”), mechanical and electrical (“M&E”) engineering services, and alteration and addition (“A&A”) works to public and private sector projects, is pleased to announce that its wholly-owned subsidiary, Digo Corporation Pte. Ltd. (“Digo Corporation”), and Terrenus Energy Pte Ltd (“Terrenus Energy”), have been jointly awarded the sixth solar leasing tender under the SolarNova programme (the “Project”) by the Housing & Development Board (“HDB”). Terrenus Energy is a renewable energy systems developer and solutions provider based in Singapore. The Project, with…

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Achieving dispersion liquids with high concentrations that are 100 to 1,000 times that of existing products with expected applications in optical devices such as optical displays, optical sensing, and biosensors TOKYO, Mar 24, 2022 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced today that TANAKA has developed gold shell nanoparticles1 that can be prepared in high concentrations using high dispersion stability. This product is designed to cover the particle surface—such as that of silica—with an extremely thin gold shell that has a thickness…

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Vertical International Holdings Limited, HKG: 8375 (Vertical International or The Group) reported 2021 Annual Results for the year ended 31 December 2021. The Group’s 2021 total revenue was HK$132.5 million, a rise of 37.6%, from approximately HK$96.3 million in 2020. Sales of the Group’s self-manufactured aluminum electrolytic capacitor products increased substantially from approximately HK$78.2 million in 2020 to approximately HK$105.0 million in 2021. The 2021 gross profits grew by 53.3% or HK$8.1 million year on year to approximately HK$23.3 million. Vertical International derived its 2021 revenue mainly from sales of manufactured aluminum electrolytic capacitors and sales of trading electronic components.…

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